Wages...

Mar 31, 2007 12:20

Well, I can now safely say that I do indeed pay my taxes.

In fact, after seeing the wageslip that came through today for the two days' work I did last week, I think I might be paying someone else's taxes as well. Like maybe the Queen's. £16.74? Out of £77?

money, work, job, employment, random

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Comments 5

drusillamac March 31 2007, 12:10:26 UTC
Are you on emergency tax? It's worth double checking as I was on emergency tax for a while. I earn around £77 as well and don't get as much tax as that deducted. Maybe it's the student thing though.

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darkkat March 31 2007, 21:30:29 UTC
Yeah, my other half said it was probably emergenct tax as well, and now that I think about it, when I was with them when I was a student they always seemed to take a lot of tax off, so I guess they must put the emergency tax on as a default or something.

Ah well, at least I now get to shout "But I pay my taxes!" in a loud voice whenever things don't go my way...

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Seems about right lordxantar March 31 2007, 23:40:41 UTC
I think that I get about 20% taken out of my paychecks when I add up Social Security (which will be bankrupt long before I retire), Medicaid (see above), and Income Tax, and I am in that magical 15% lowest tax bracket.

And I do remember having more than the usual taken out if I did a temp job for only a few days to make sure I wouldn't have to pay.

But it's good to know that the Income Taxes aren't too far off from the U.S. despite people who like to tout how I would be raped on txes if I ever moved to England or Canda.

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Re: Seems about right darkkat March 31 2007, 23:49:25 UTC
Well, mine doesn't involve any health insurance (ironically, when I was working with Royal Mail via Reed, £1.32 a week was taken by Reed to pay for private health care for me), but other than that, yeah, British taxes are just as evil as anywhere else.

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Well Taxes are Always Evil lordxantar April 1 2007, 07:09:16 UTC
Of course it doesn't help matters much that there are a few threads going on right now about Capitalism vs. Socialism.

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